So, you’re moving! Before you hunker down in your new home, there are a few things you will want to take care of regarding your new address. Personal Contacts First and foremost, if you haven’t yet, make sure to tell all your personal contacts about your address change, including: Relatives Friends Employer Schools, colleges, universities, […]

Technology is constantly evolving and adapting to our needs as a society and individuals. One of these exciting developments has been the creation and evolution of smart homes. WHAT IS A SMART HOME? A smart home is any home where the homeowners are able to control thermostats, lighting, appliances and other devices remotely over the […]

If you are a self-employed client who owns your own business, you may have chosen to set that business up as a corporation. This means the business operates as essentially its own person. They have income through business revenue and expenses from marketing costs, materials, office space, etc. When it comes to getting a mortgage, […]

If you are looking to buy a home or want a current value of your property, you will need an appraisal. Before banks or lending institutions can consider loaning money for a property, they need to know the current market value of that property. The job of an appraiser is to check the general condition […]

When it comes to mortgages, insurance is necessary to protect the lender on these types of loans, which deal in large sums of money. There are three different tiers relating to insurance, which all have different minimum down payment amounts and varying premium insurance fees. Insured mortgages typically have a less than 20% down payment and are […]

As you near retirement age, the years of diligently contributing to RRSPs are about to pay off. Understanding Registered Retirement Income Funds (RRIFs) becomes crucial, especially if you have registered retirement savings or pension plans. What exactly is a RRIF? Unlike a Registered Retirement Savings Plan (RRSP), which serves as a retirement savings account where […]

When it comes to getting a mortgage, one of the more overlooked elements is the option to be able to port the loan down the line. Porting your mortgage is an option within your mortgage agreement, which enables you to move to another property without having to lose your existing interest rate, mortgage balance and […]

When it comes to homeownership, many of us dream of the day we will be mortgage-free. While most mortgages operate on a 25-year amortization schedule, there are some ways you can pay off your mortgage quicker! 1. Review Your Payment Schedule: Taking a look at your payment schedule can be an easy way to start paying down […]

When it comes to getting a mortgage, there are a few things you can do in advance to make the mortgage process easier! Getting pre-qualified The purpose of mortgage pre-qualification is to help you get a general idea of what you can afford when shopping for your new home. Pre-qualification will take your own assessment […]

The first-time homebuyer incentive program is a shared-equity mortgage with the Canadian government that helps qualified first-time buyers reduce their monthly mortgage payments to better afford a home! The Incentive: This program allows you to obtain an incentive from the government to assist with your down payment, thereby lowering your overall mortgage amount and, in turn, […]